Peso slides to weakest level in over 2 months

Jan 04, 2020 12:14 am

THE Philippine peso dropped to its weakest level in more than two months, returning to P51:$1 on Friday.

The local currency, which opened at P50.65 against the greenback, lost 41 centavos to close at P51.09. It was the peso’s softest finish since the P51.13:$1 closing on October 25 last year.

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